Lululemon apologises after Japanese drum row at Great Wall yoga event
Online uproar follows Canadian brand’s use of taiko drum at sponsored festival held to celebrate Chinese culture
Surprisingly benign UK inflation data signals a softer Iran war hit than feared
Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc
UK inflation stays at 2.8% as slowing food prices offset rising transport costs
May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates
‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
As bosses ridicule the chancellor’s scheme, one venue is offering a £25 ‘kids’ menu of snails and anchovy butter toast
Fashion tycoon Bernard Arnault accused of stranglehold over French business press
Arnault’s addition of leading weekly to stable of publications raises concerns about media ownership in France
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department stores
Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market
Exclusive: Ed Davey to make call ahead of 10th anniversary of Brexit vote, in strengthening of party’s position on EU
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful, says economist and philosopher Ingrid Robeyns
SpaceX overtakes Amazon to become world’s fifth most valuable company
Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor
The tide is turning on Thames Water: special administration looks best
It is still not totally clear what the government wants but the political mood seems to be shifting towards a decision
US small business owners: how are you operating in the current economic climate?
We would like to hear from small business owners in the US about how they’re adapting to challenges such as inflation
European parliament finally approves Trump tariff deal
MEPs agree to implement deal almost 12 months after it was proposed and just days before deadline of US threat to raise tariffs
Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet
Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises
ATO outsource call centre workers paid 40% less than public service peers, Fair Work submission claims
In lead-up to ‘same job, same pay’ hearings, former call centre worker Nathan Brunne says pay gap is structural and widens at senior levels
Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened
Rolling coverage of the latest economic and financial news